On October 15, 2026, Handelsbanken raised its price target for SKF to SEK 310 from SEK 290. The bank reiterated its Buy recommendation.
Handelsbanken cited improving industrial demand, cost-saving measures and expected value creation from the planned listing of SKF’s automotive division, Vertevo, on December 1.
The bank raised its 2026 earnings forecast for SKF by 1.6%. It increased its 2027 forecast by 2.9%.
Handelsbanken views the separation of the automotive business as a key catalyst that could unlock significant shareholder value. It said the positive outlook is likely to be well received by the market.